Stock markets: Europe up, driven by the tech sector. Crude oil prices rise amid the US-Iran standoff - Il Sole 24 ORE

European equity markets moved higher, with the technology sector providing the main support, according to Il Sole 24 ORE. A sector-led advance of this kind suggests investors were favoring growth-oriented names during the session rather than rotating broadly into defensives, though the report does not specify individual index levels or percentage moves.

Separately, crude oil prices rose amid the standoff between the United States and Iran. Oil markets are typically sensitive to geopolitical friction involving major producing regions, because the risk of supply disruption can shift expectations for global availability. Higher crude prices can feed through to transport and input costs over time, which matters for sectors with large energy bills and for the broader inflation picture.

What to watch: whether the tech-led gains hold or broaden to other sectors, and whether oil's rise persists or fades as the situation develops. Sustained strength in both could send mixed signals — supporting energy names while pressuring parts of the market sensitive to input costs.